$BTC

In the coming months (around May to August 2025), the trend of Bitcoin (BTC) will be influenced by the following key factors:

1. Macroeconomic Environment

• U.S. Interest Rate Policy: If the Federal Reserve (Fed) starts to lower interest rates, market liquidity will improve, which typically favors the rise of risk assets (including BTC).

• Inflation Data: If inflation cools down, it will further stimulate bullish sentiment in the market.

2. ETF Capital Inflows

• The approval of the Bitcoin spot ETF in early 2024 has brought a large amount of institutional buying. If capital continues to flow in over the next few months, BTC will still have upward momentum.

• There is also an opportunity to benefit from the spillover effect of the Ethereum spot ETF craze.

3. Technical Analysis

• Currently (end of April 2025), BTC is in a medium-term consolidation range. If it can break through the main resistance area (such as $72,000 to $75,000), it will have a chance to challenge new highs.

• However, if it loses important support (such as $60,000 or $58,000), further correction may occur.

4. Market Sentiment

• The market is currently in the mid-stage of a bull market, with a bullish sentiment, but caution is needed for profit-taking or sudden negative news that may lead to a pullback at high levels.

Summary Forecast (May to August 2025)

• Basic Scenario: Maintain a slightly bullish oscillating trend, possibly fluctuating between $62,000 and $80,000.

• Optimistic Scenario: If capital flows strongly and the macro environment is favorable, there is a chance to break through $80,000, even challenging $85,000+.

• Pessimistic Scenario: If there are major negative events or systemic risks, a retracement to $55,000 to $58,000 is also possible.